Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 8% return from its investments. Pool Spa Initial investment $ (178,000) $ (123,000) Net cash flows in: Year 1 41,800 33,800 Year 2 57,800 51,800 Year 3 82,095 67,800 Year 4 92,200 73,800 Year 5 66,800 25,800